NEW News!!
Proper Power Receives Additional Endorsements on Thrust Resources
TAMPA, Fla., June 25, 2010 /PRNewswire via COMTEX/ -- Proper Power & Energy, Inc. (OTC Bulletin Board: PPWE) announced today receipt of additional letters of support for the RadioMetrics Plus (RMP) survey tool. The Company has based its petroleum reserve projections of its leased mineral rights on the RMP method and subsequent historic seismic data readings.
In a written statement from Red Fork Production, LLC of San Antonio, Texas, the statement reads, "I have known of Don Metcalfe and Robert Dunbar for almost 20 years.
"Who says the Wild-Catter is dead? A small company, with eight employees, out of Grand Rapids, Michigan, has just discovered a field in Central Utah, with over one billion barrels of recoverable oil. The company, Wolverine Oil and Gas, now sits atop a gigantic oil field, one of the largest in the Continental United States ... I will never forget that. But Mr. Dunbar and Mr. Metcalfe have many times in their careers been at the center of historic discoveries and their humble attitude and tireless persistence is an inspiration to all of us.
"On a smaller scale, Mr. Dunbar and Mr. Metcalfe have performed RadioMetrics Plus Surveys for our Company, as well. From 2005 - 2010, we have utilized RadioMetrics Plus technology in our operations in Texas and Oklahoma, and the effective rate has been measurably higher than the industry average. We have taken the raw numbers and derived excellent drill targets, and we have used the same technologies to eliminate areas of low/no potential."
"Clearly this statement represents more objective support for the RadioMetrics Plus data survey tool for hydrocarbons release," stated Proper Power & Energy President, Joseph Abdo. "Additionally, this case study continues to suggest that Thrust is the best outfit to conduct exploration in the state of Utah given their verifiable extensive activity and experience there," concluded Abdo.
About Proper Power & Energy:
Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.
